Madison, MS demographics:
population, income, and more
Madison population
How many people live in Madison
Madison is home to 27,946 residents, according to the most recent Census data. Gender-wise, 48.1% of Madison locals are male, and 51.9% are female.
Age demographics
The median age in Madison is 42, with the population distributed as follows: about 21.3% are children under 15, then 12.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 21.5% of the population, while another 28.7% fall into the 45 to 64 bracket. Finally, around 16.2% are 65 or older.
Racial makeup
In Madison, 93.4% of the population are US-born citizens, while 3.3% have gained naturalized citizenship. At the same time, 3.3% of residents are non-citizens. As for race, 77.3% of locals are Caucasian, 12.7% are African American and 5.9% have Asian roots. There’s also a share of 3.2% that includes residents with two or more races.
Households in Madison
A peek inside Madison households
Madison has 9,759 households, with an average of 3 members in each. Of these, 77.3% are families, while the remaining 22.7% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Madison
The housing landscape of Madison
Madison's housing consists of 10,214 units, with 96.2% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.6% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.9% of the housing landscape.
The age of buildings in Madison
In Madison, the median construction year is 1997. About 1.5% of homes were built before the 1940s, with another 0.4% going up by 1949. Most development happened in the second half of the 20th century. Then, 25% of homes were added from 2000 to 2009, 12.6% between 2010 and 2019, and 1.6% are part of the newest wave of development.
Madison occupancy rates
Out of the 9,759 occupied housing units in Madison, 94.2% are owner-occupied, while 5.8% are lived in by tenants. Meanwhile, 4.5% of all homes on the local market sit vacant.
Madison housing costs
Housing costs in Madison come to a median of $1,663 per month, while tenants specifically pay a median gross rent of $1,853.
Education in Madison
Madison education at a glance
About 16% of the population in Madison went to high school, while 16.7% pursued college studies. Another 5.5% earned an associate degree and 35.5% hold a bachelor’s. Meanwhile, 24.5% went even further, earning a master’s or doctorate.
Income in Madison
How much people earn in Madison
The average annual household income in Madison was $173,438 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -0.2% change from the previous year. At the same time, the median income stood at $119,338, reflecting a -1.3% shift over the same period.
Madison income by age
In Madison, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $108,516. Those with someone between 45 and 64 in charge, often well established professionally, earn $141,250 overall. Overall, 95.3% of the locals in this community live above the poverty line.
Average renter income in Madison
To get a better sense of what renters earn on average in Madison, their median household income was $84,665 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 26.3%, shows what portion of their earnings goes toward housing expenses.
Employment in Madison
Workforce and job types in Madison
The job market in Madison is powered by 13,477 working residents, spread across a range of industries and roles. 89.4% of the working population are employed in professional or administrative positions, while 10.6% are in hands-on or service-based jobs. Also, 14.5% run their own businesses, 54.7% are employed by private companies, and 20.3% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Madison stands at 2%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Madison
How people get around in Madison
Commuting methods vary: 85.7% of residents travel by personal vehicle and 0.4% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Madison by zipcode?
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FAQs about Madison demographics
What is the total population of Madison?
What is the gender ratio in Madison?
- 48.1% males (13,436 residents)
- 51.9% females (14,510 residents)
What is the median age in Madison?
What is the age distribution of the population in Madison?
- Under 15: 21.3% (5,946 residents)
- Ages 15-24: 12.3% (3,447 residents)
- Ages 25-44: 21.5% (6,009 residents)
- Ages 45-64: 28.7% (8,016 residents)
- Over 65: 16.2% (4,528 residents)
What is the racial and ethnic makeup of Madison?
- White: 77.3% (21,608 residents)
- Black or African American: 12.7% (3,561 residents)
- American Indian and Alaska Native: 0% (8 residents)
- Asian: 5.9% (1,648 residents)
- Native Hawaiian and Other Pacific Islander: 0% (14 residents)
- Two or More Races: 3.2% (894 residents)
- Other: 0.8% (213 residents)
What percentage of the population in Madison are U.S.-born citizens?
How many housing units are there in Madison?
How many households are in Madison and what is the average household size?
What is the median household income in Madison?
What is the employment rate and job market overview for Madison?
Job types:
- White-collar workers: 89.4% (12,054 residents)
- Blue-collar workers: 10.6% (1,423 residents)
Places of employment:
- Self-employed: 14.5% (1,958 residents)
- Private companies: 54.7% (7,377 residents)
- Governmental workers: 20.3% (2,737 residents)
- Not-for-profit companies: 10.4% (1,405 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.